Within enterprises, there is a growing demand for file-based shared storage in the public cloud.
According to IDC, 79% of end users leverage file-based storage for unstructured data associated with mission-critical workloads. As more enterprise applications are deployed in a hybrid cloud architecture, file-based storage that offers the same advanced functionality as the on-prem environment can help reduce challenges to movement.
Compuverde brings a robust ecosystem of technology partnerships and the company’s highly scalable software solution is deployed across global organisations in telecom, financial services, and media industries.
“We’re excited about the opportunities that the Compuverde team and technology bring to Pure’s existing portfolio,” said Charles Giancarlo, Chairman and CEO. “As IT strategies evolve, enterprises look to leverage the innovations of the public cloud in conjunction with their on-prem solutions. Through our expanding suite of hybrid data solutions such as Cloud Data Services, we continue to help our customers make the most of their data assets.”
The financial terms of the acquisition are not being disclosed. The acquisition is expected to close in April 2019.